The latest study released on the global ‘Internet of Things Security’ market by AMA Research evaluates market size, trend, and forecast to 2030. The ‘Internet of Things Security’ market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
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Some of the key players profiled in the study are:
Cisco Systems (United States), IBM Corporation (United States), Intel (United States), Infineon (Germany), Symantec (United States), Siemens (Germany), Gemalto (Netherlands), Allot (Israel), Fortinet (United States), Zingbox (United States), Mocana (United States), Securithings (Israel), Centri (United States), ,
The risk of cyber-attacks is raised by increasing the use of 3 G and 4 G long-term evolution ( LTE), as well as broadband networks and innovations. Via these cellular networks, real-time information, and transaction-related information, which are critical to users, is exchanged; thereby, giving rise to the need for IoT protection. In areas such as health sensors, smart home appliances, smart city ventures, and smart retail, the deployment of the internet is rapidly growing rapidly, raising the need for IoT protection. Thus this enables the market of Internet of Things Security across the world.
In April 2020, Infineon and Sectigo, a leading provider of automated digital identity management and web security solutions, partnered to protect IoT devices with automated factory provisioning of certificates.
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Influencing Market Trend
• The use of cloud computing for the collection of sensitive data by separate organizations results in the possibility of unwanted access to data. In addition, the growing practice of taking in your own computer (BYOD) is raising questions about data protection.
Market Drivers
• Hackers attack IoT devices and take advantage of known bugs, such as default usernames, passwords, and backdoor static code. Today, with the incorporation of IoT, all the verticals focus on automation. The early adopters of the IoT are vital infrastructures, such as electricity, water, and other essential services, and are in the automation process.
Opportunities:
• IoT protection allows both the private and public sectors to be secure from trained cybercriminals and advanced IoT attacks. In order to track the information and financial aspects of people, companies, and even countries, cybercriminals use multi-layered cyber attacks. Organizations are, however, searching for streamlined strategies for defense.
Challenges:
• Currently, there are no globally accepted set of technical standards for IoT, especially in terms of communications. IoT is extensively used by smart cars to smart manufacturing and connected homes and building automation solutions. However, with heterogeneous IoT networks and its protocols, it becomes difficult for devices connected in one IoT system to communicate with devices in another system.
Analysis by Type (Network Security, Endpoint Security, Application Security, Cloud Security, Others (web security and email security)), Application (Smart Retail, Connected Vehicles, Smart Government and Defense, Connected Healthcare, Consumer Wearables, Connected Logistics, Smart Energy and Utilities, Smart Manufacturing), Services type (Professional Services, Integration Service, Consulting Service, Support and Maintenance, Managed Services), Solution type (Identity and Access and Management, Data Encryption and Tokenization, Intrusion Detection System and Intrusion Prevention System, Device Authentication and Management, Secure Communications, Public Key Infrastructure and Lifecycle Management, Distribute Denial of Service Protection, Security Analytics, Others)
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The regional analysis of Global Internet of Things Security Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.
In June 2020, IBM acquired cloud security startup Spanugo to boost compliance. Spanugos technology can efficiently and transparently demonstrate cybersecurity compliance in real-time when an organization is audited and delivers improvements and adaptations to reduce the likelihood of a successful attack.
Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers
Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/21079-global-internet-of-things-security-market?utm_source=OpenPR/utm_medium=Rahul
Highlights of the Report
• The future prospects of the global Internet of Things Security market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Internet of Things Security market.
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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.
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